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people say there were problems under steve jobs as well but people did not care. he got the benefit of the doubt. i remember a metric was off but somehow he got the benefit of the doubt. maybe that was initially but not anymore? >> i would add to that. steve jobs created the benefit of the doubt a distortion field the uncanny ability to focus on what he wanted us to apple had them that the mail service in the and 10 dead didn't work steve jobs had the temerity to say people are not using it correctly but he got us to focus elsewhere and apple was smoke they smaller it is more important now. >> now apple has apologized and people are saying maybe that was a mistake. i find it extremely difficult to criticize tim cook to have the courage and the class to apologize for a problem. i and stand the criticism. to operate a much more erred global scale than apple ever has. i can only applaud the ceo to save the have screwed up go use the competitor's product until then it is a good thing. charles: you watch the stock. late the it looks funny. everybody has a $900,000 targ
people say there were problems under steve jobs as well but people did not care. he got the benefit of the doubt. i remember a metric was off but somehow he got the benefit of the doubt. maybe that was initially but not anymore? >> i would add to that. steve jobs created the benefit of the doubt a distortion field the uncanny ability to focus on what he wanted us to apple had them that the mail service in the and 10 dead didn't work steve jobs had the temerity to say people are not using...
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Oct 8, 2012
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how about it, steve, how are you playing it? >> first of all, scott, i have to pay off a debt to dave. he kicked my butt on the golf course. he rallied big. i'll get him next week. as far as the market goes, though, here's what i would say. earnings for the third quarter everybody knows they are going to be terrible. my daughters know they will be terrible, my dogs know it's going to be terrible. that's discounted in the market which will drive the market from here is the fourth quarter guidance and guides for 2013 and those are still very robust numbers in the s&p if they don't the major companies report don't take a hatchet to those earnings forecasts. so i think they will be okay. spain is the big issue. they will come in and ask for a bailout which is why a lot of credit funds are working today because maybe it was today. >> you're nothing if not a name dropper, right? i'm glad you don't throw out the names of the high rollers that you roll with. >> you judge by the company you keep. which is why i'm sitting as far away from
how about it, steve, how are you playing it? >> first of all, scott, i have to pay off a debt to dave. he kicked my butt on the golf course. he rallied big. i'll get him next week. as far as the market goes, though, here's what i would say. earnings for the third quarter everybody knows they are going to be terrible. my daughters know they will be terrible, my dogs know it's going to be terrible. that's discounted in the market which will drive the market from here is the fourth quarter...
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Oct 10, 2012
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steve jobs looked at situations like that and he got defensive. he was basically the hell with you. >> got defensive, people got angry and the stock would take momentary hits that would leave buying opportunities for the rest of us, but created hits. people made fun of him, consumer reports was trashing steve jobs as you remember over the antenna problems and the construction jobs was out there blaming all the 1,000 people in the auditorium in the ballroom saying it was caused by their interference of their own wireless systems. he had everybody turn it off, the lights off in the theater have everybody look at everybody else and he couldn't get it to work. and it took him about 40 days to respond to an antenna problem blaming the users all the time, saying we have a problem with maps, we're going to fix it. that speaks for a lot. it's very impressive. the ceos of mattell and other great companies, we've seen them take responsibility when there's problems. that's encouraging. yo ur lo you're looking at -- people were complaining about that weekend
steve jobs looked at situations like that and he got defensive. he was basically the hell with you. >> got defensive, people got angry and the stock would take momentary hits that would leave buying opportunities for the rest of us, but created hits. people made fun of him, consumer reports was trashing steve jobs as you remember over the antenna problems and the construction jobs was out there blaming all the 1,000 people in the auditorium in the ballroom saying it was caused by their...
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Oct 4, 2012
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. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the europe crisis saying it polesed economic downside risk. members were concerned with the upcoming u.s. fiscal cliff and a number of participants highlighted the uncertainty of qe. i talk about members in the first part. those are voters. now participants are the fuller board. as we'll see in a little bit, this fuller board includes hawks but they're not in the voting rotation right now. some of those object as they say qe probably works best under financial market stress, not under the current conditions. it won't help an economy plagued by uncertainty. it could complicate the tightening of policy when it is
. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the...
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Oct 5, 2012
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and steve hartman "on the road" in search of a pumped-up pumpkin. >> we have a monster pumpkin coming. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening, the dreadful string is broken. for the first time in 44 months the unemployment rate has fallen below 8%. the latest jobs numbers from the labor department were surprisingly strong. they show the unemployment rate was 7.8% in september. that is down three tenths of a point from august. the economy created 114,000 jobs and the labor department revised upward the job creation numbers for the previous two months. it now says 181,000 jobs were created in july and 142,000 in august. a total of 86,000 more than first reported. we asked anthony mason to tell us what's behind these improved numbers. >> reporter: in circle pines, minnesota, where dell corps systems makes food package magazines, c.e.o. dale anderson has 160 employees. >> i think the economy has really -- it's picking up. >> reporter: ryan is one of these new workers. after leaving his job in construction, he retrained to beco
and steve hartman "on the road" in search of a pumped-up pumpkin. >> we have a monster pumpkin coming. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening, the dreadful string is broken. for the first time in 44 months the unemployment rate has fallen below 8%. the latest jobs numbers from the labor department were surprisingly strong. they show the unemployment rate was 7.8% in september. that is down three...
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Oct 10, 2012
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gerri: casino mogul steve wynn calling president obama's love on job creation. coming up next gerri: is the president out of luck? is he a brisk four american businesses? let's ask our experts. great to have you both here. i want to play this sound bite from steve wynn to give you a sense of what he said. >> i'm a job creator, guys like me are job creators and we don't like having a bull's-eye painted on our back. i can't stand the idea of being demagogue. gerri: strong words, of course, and when is a mobile of wynn resorts. how we respond that? is he one of many tos that deals put off by the president? >> he was a former obama supporter, and he has fallen off the train with good reason. uncertainty has to be the number one reasons. the president spent an entire year working on that health care law. after that, you had the offering. businesses are sitting and waiting to have washington tell them what their costs are going to be in relation to those two laws. and i think he is right. the obama administration is sitting on the peoples backed. gerri: jump in, i hea
gerri: casino mogul steve wynn calling president obama's love on job creation. coming up next gerri: is the president out of luck? is he a brisk four american businesses? let's ask our experts. great to have you both here. i want to play this sound bite from steve wynn to give you a sense of what he said. >> i'm a job creator, guys like me are job creators and we don't like having a bull's-eye painted on our back. i can't stand the idea of being demagogue. gerri: strong words, of course,...
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thanks very much, steve. please stick around. don't go anywhere. our next guest has exclusive hiring information and a survey that shows 58% of companies plan to hire next year, but 69% are waiting for issues to be resolved. >> gary, good to have you here. first, what do you think of today's jobs numbers? do you believe them? do they reflect what you're seeing? >> well, i've probably met with 100 ceos over the last month. it's more of the same. this is not a standing ovation for sure. >> in terms of the numbers. i'm assuming you believe them and that it's not just a great number in terms of the way you look at it. >> no, it's reality. i mean, this is a decade of readjustment. there is a real fight for growth and relevancy today. if you talk to any ceo, and ceos today are looking to innovate then hire, not hire then no innovate. >> what sectors are you seeing where we're getting real hiring going on right now? >> well, the two most obvious are in health care. that'll be 20% of the economy. and technology. those two are very, very strong. on the othe
thanks very much, steve. please stick around. don't go anywhere. our next guest has exclusive hiring information and a survey that shows 58% of companies plan to hire next year, but 69% are waiting for issues to be resolved. >> gary, good to have you here. first, what do you think of today's jobs numbers? do you believe them? do they reflect what you're seeing? >> well, i've probably met with 100 ceos over the last month. it's more of the same. this is not a standing ovation for...
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Oct 3, 2012
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as steve kroft reported in 2009, many people believe it had more to do with wall street speculation than with oil companies. >> to understand what happened to the price of oil, you first have to understand the way it's traded. for years, it's been bought and sold on something called the commodities futures market. here at the new york mercantile exchange, it's traded alongside cotton and coffee, copper and steel by brokers who buy and sell contracts to deliver those goods at a certain price at some date in the future. it was created so that farmers could gauge what their unharvested crops would be worth months in advance, so that factories could lock in the best price for raw materials and airlines could manage their fuel costs. but in late 2007, that market started to behave erratically. and when oil doubled to more than $147 a barrel, no one was more suspicious than dan gilligan. >> we have to make sure that the futures market is an honest market. >> as the president of the petroleum marketers association, he represents more than 8,000 retail and wholesale suppliers, everyone from home
as steve kroft reported in 2009, many people believe it had more to do with wall street speculation than with oil companies. >> to understand what happened to the price of oil, you first have to understand the way it's traded. for years, it's been bought and sold on something called the commodities futures market. here at the new york mercantile exchange, it's traded alongside cotton and coffee, copper and steel by brokers who buy and sell contracts to deliver those goods at a certain...
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i don't think mitt romney had much in the way of specificity other than to steve's appointment, backing away from the $5 trillion tax cut the president said he's proposed. i think there's a lot of unanswered questions still for governor romney. gerri: steven, do you believe that? the $5 trillion issue, you know, the president says every single day on the campaign trail that mitt romney will raise taxes on the middle class. was that sufficiently answered? >> i think it was. i thought that was the weakest point for mitt romney, the first two minutes where he backed away from the things he argued or not campaign trail and almost apologetic he's offering a tax cut. embrace the cut, gone on the offense of the tax cut if i was mitt romney. at one point after mitt romney said, look, mr. president, what you say is not true. it's not the case that it will necessarily result in a tax hike for the middle class. he said it three times, and the last time, president obama said, okay, because there's a new -- there's a column written by by colleague at the weekly standard who interview the the directo
i don't think mitt romney had much in the way of specificity other than to steve's appointment, backing away from the $5 trillion tax cut the president said he's proposed. i think there's a lot of unanswered questions still for governor romney. gerri: steven, do you believe that? the $5 trillion issue, you know, the president says every single day on the campaign trail that mitt romney will raise taxes on the middle class. was that sufficiently answered? >> i think it was. i thought that...
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steve things, one, heading into the defense industry and the stealing stuff that is costing us hundreds of billions of dollars to develop a new fighter , submarine. stealing that and they then have all of that technology. the second thing the arguing, and we aren't sure why, is there are getting in and hacking and snooping around all of our computer systems. looking at the electric grid, the water supply system. gerri: this does not make me feel good. >> you don't know why they're doing it. did they use it in some kind of warfare situation? that some point the mere threat of saying we could shut down the electric grid on the east coast of the united states. we don't want you to do a darn thing when we take over taiwan. >> the big 2003 blackout in the northeast, some people say it was triggered by a chinese actor who made a mistake. fifty americans died that time. also, a florida black of the some people attribute to china. they're going after the infrastructure backbone in the united states because in a wartime scenario it would be very useful to be able to shut down like. >> they would
steve things, one, heading into the defense industry and the stealing stuff that is costing us hundreds of billions of dollars to develop a new fighter , submarine. stealing that and they then have all of that technology. the second thing the arguing, and we aren't sure why, is there are getting in and hacking and snooping around all of our computer systems. looking at the electric grid, the water supply system. gerri: this does not make me feel good. >> you don't know why they're doing...
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auto industry experts have been consulted instead of think of the experts and hedge fund guys like steve ratner, followed by the union guy, you can see where this was directed. we would be in a lot better shape if they had done this based on what was best for the industry, not based on protecting the uaw. david: we have to go, but we will be following the story closely. thank you, sandra. sandra: david, banker and kick off friday before the bell and there is still time to jum jumpg ahead of the results. but what is the right move? a top analyst to tell us what to expect next. and toyota has the largest worldwide recall ever affecting millions of vehicles. we will tell you the details ahead. nearly 1 billion people around the world don't have enough food to survive. we can't let this happen. there is something we can do about it. please join christina aguilera and yum! brands in the movement to fight world hunger by supporting the united nations world food programme. for more information, go to fromhungertohope.com. your contribution will feed children and save lives. together, we can sto
auto industry experts have been consulted instead of think of the experts and hedge fund guys like steve ratner, followed by the union guy, you can see where this was directed. we would be in a lot better shape if they had done this based on what was best for the industry, not based on protecting the uaw. david: we have to go, but we will be following the story closely. thank you, sandra. sandra: david, banker and kick off friday before the bell and there is still time to jum jumpg ahead of the...
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steve wynn wood leading into this segment. we spent 48 hours here showing cleveland is open for business. we talked to the biggest business leaders from all sectors of the economy from oil to banking to the nfl who have proved this place does rock. it's the place to be. >> we were $8 billion in the hole, the largest deficit in history of the our state and we balanced the budget and built this rainy day fund. then we told the regulators, look, business is not enemy. we need good regulation. we have very tough regulations on hydraulic fracturing but regulations are not duplicative. we don't need to spend all day, getting in a situation with business where we can't give them an answer. when they find we're not doing a very good job in something we go right back at it. >> as we look at all of this. talk about this as a business hub and a tourism hub. $100 million a year come through the rock hall of fame. >> $100 million impact. half a million people come here. on average stay two nights from from more than 100 countries. 50 state
steve wynn wood leading into this segment. we spent 48 hours here showing cleveland is open for business. we talked to the biggest business leaders from all sectors of the economy from oil to banking to the nfl who have proved this place does rock. it's the place to be. >> we were $8 billion in the hole, the largest deficit in history of the our state and we balanced the budget and built this rainy day fund. then we told the regulators, look, business is not enemy. we need good...
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Oct 10, 2012
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. >>> but first, let us get to steve leisman with the beige book headlines. >> brian, thanks very much. the beige book full of all the economic headlines, saying economic activity expands in most districts. lefting off in new york and slowing in kansas city. residential real estate showing widespread improvement with existing home sales strengthening but prices steady to up. residential construction rose in most districts. mortgage lending was up especially for re-fis. job growth was flat to up restrained by all the headlines you've been reading -- politics, presidential race, fiscal policy and the european debt crisis. several statistics reporting a lack of skilled workers. what we haven't seen is this next headline where there are job training programs to address that shortage. it's hurting the midsection of the nations though. some districts are saying there's been some recent rainfall and it has helped crops. however, some of the price spikes related to the drought are beginning to show up at the consumer level. beige book is warning overall prices were mostly unchanged with some o
. >>> but first, let us get to steve leisman with the beige book headlines. >> brian, thanks very much. the beige book full of all the economic headlines, saying economic activity expands in most districts. lefting off in new york and slowing in kansas city. residential real estate showing widespread improvement with existing home sales strengthening but prices steady to up. residential construction rose in most districts. mortgage lending was up especially for re-fis. job growth...
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Oct 9, 2012
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remember, steve jobs came back from a vacation for the iphone 4 antenna gate issue. >> 4, right. >> the 4. they went through other issues that smartphones had, wasn't really a problem. some people had problems. it went away very quickly. this is the most valuable company on the face of the planet. there is a lot of media coverage around it, and there is a lot of good press that goes out there when things go negative or positive on apple. it is very bipolar. i notice when things go negative, then people start questioning and stock goes down and they question the fundamentals and the fundamentals here are very, very strong. things aren't perfect. supply chain is not perfect. the ipad had issues on the displays. they were quickly reconciled and they went on to be home runs. this will be no different. >> brian, thanks for checking in with us. >> thanks. >> brian white. coming up, the biggest calls on the street and machines gone wild, the mysterious algorithm accounting for 4% of trading activity last week alone. new details on this developing story, and netflix soaring over the past two we
remember, steve jobs came back from a vacation for the iphone 4 antenna gate issue. >> 4, right. >> the 4. they went through other issues that smartphones had, wasn't really a problem. some people had problems. it went away very quickly. this is the most valuable company on the face of the planet. there is a lot of media coverage around it, and there is a lot of good press that goes out there when things go negative or positive on apple. it is very bipolar. i notice when things go...
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melissa: steve, give a picture. i don't believe it. >> i will tweet it to you after this i absolutely did. melissa: good for you. >> give governor brown credit. he often gets criticized for siding with environmentalists against consumers and bbsinesses. this time he went the other way. good for him. we have the delicate balance. we want to protect the environment. we're very proud of the beautiful landscape out here in california but we also want to make sure we don't strangle businesses. that delicate balance is hard to achieve but i think governor brown did the right thing. melissa: i can't believe you're making this argument. it is completely ridiculous. drivers have only themselves to blame. this was riff ren dumb to special cocktail of gasoline that so so expensive and so rare. not only that in 2015 it is getting worse. another proposition came in where standards will get even higher, tighting the stranglehold around drivers you're talking about. votely theirselves to blame for this situation and getting relief
melissa: steve, give a picture. i don't believe it. >> i will tweet it to you after this i absolutely did. melissa: good for you. >> give governor brown credit. he often gets criticized for siding with environmentalists against consumers and bbsinesses. this time he went the other way. good for him. we have the delicate balance. we want to protect the environment. we're very proud of the beautiful landscape out here in california but we also want to make sure we don't strangle...
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Oct 3, 2012
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steve schmidt and many others will all be helping us bring you the big show. starting at 8:00 p.m. eastern going all the way to midnight. we will see you tomorrow. now it's time for "the last word" with lawrence o'donnell. >>> can mitt romney win the debate tonight? yes and i will show him how to do that. will he win? this is mitt romney we're talking about. what are the odds of him taking my advice. >> both presidential candidates battening down the hatches. >> who's going to bring the dynamite to denver. >> only with an day to go. >> the great debate. >> the rocky mountain showdown. >> 350e78 want to know who's going to win. >> who's going to score the punches. >> what you need is sin certifity, if you can fake that you can do everything. >> mitt romney tried to show his empathy. >> i don't think there's anything that shows more empathy. >> i'm sfriesed it took him that long to get there. he didn't spend enough time in the middle. >> romney's task is more difficult. >> romney's task is more difficult. >> he has to introduce himself to the american people. >> how many times can yo
steve schmidt and many others will all be helping us bring you the big show. starting at 8:00 p.m. eastern going all the way to midnight. we will see you tomorrow. now it's time for "the last word" with lawrence o'donnell. >>> can mitt romney win the debate tonight? yes and i will show him how to do that. will he win? this is mitt romney we're talking about. what are the odds of him taking my advice. >> both presidential candidates battening down the hatches. >>...
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. >>> one year ago today, steve jobs, the visionary cofounder of apple, died at the age of 56 after a long battle with pancreatic cancer. the company remains an industry powerhouse despite the loss of their leader. >>> now on to our top story tonight. good news on the jobs front. according to the household survey, 700, i'm sorry, 873,000 people found a job last night. last month. that brought the unemployment rate down to 7.8% for the first time in 3 1/2 years. the employers survey though reported a very different number, only 114,000 people found a job. that means, 759,000 people found a job but they aren't showing up on the payroll. how is that possible? with me to sort it all out, phil angelides, former california treasurer and campaign surrogate for president obama. thank you so much for coming on the show tonight. >> a pleasure. melissa: a lot of people have spent the day trying to reconcile these two numbers. of course these surveys are done very differently. the household people call people at home, say are you looking, are you working? employer survey they grow to the employer
. >>> one year ago today, steve jobs, the visionary cofounder of apple, died at the age of 56 after a long battle with pancreatic cancer. the company remains an industry powerhouse despite the loss of their leader. >>> now on to our top story tonight. good news on the jobs front. according to the household survey, 700, i'm sorry, 873,000 people found a job last night. last month. that brought the unemployment rate down to 7.8% for the first time in 3 1/2 years. the employers...
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Oct 5, 2012
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that's the old steve jobs still at work and they need to break with that. >> steve wouldn't you know it the president talks right in the middle of our conversation. i'm going to have to let you go and hopefully we can restart this at a later date. >> that's fine. thank you. i'll defer to the president. >> jim start your talking some apple. as we wait for the president to start talking about the jobs number we'll go to john harwood for a quick preview what his message might be. john is in washington. good morning, john. >> good morning. i think his message will be one we've heard from the administration which is first of all they are delighted by the news. delighted the rate is under 8%. delighted the august numbers were revised upward. but also have a tempered tone and say we got a lot of work to do because we do as one economic analyst told my colleague at the "new york times" earlier today this economy seems to only have three gears, slow, or reverse. it's not a good economy for president obama to be running with but this is good news. it was good news for the country that just a f
that's the old steve jobs still at work and they need to break with that. >> steve wouldn't you know it the president talks right in the middle of our conversation. i'm going to have to let you go and hopefully we can restart this at a later date. >> that's fine. thank you. i'll defer to the president. >> jim start your talking some apple. as we wait for the president to start talking about the jobs number we'll go to john harwood for a quick preview what his message might be....
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steve faneli with the a's says he's not worried about what's left. >> well i think with all the uncertainty, you know when are we playing, what time are you playing, who are you playing it does not prize me that tickets are still available. but at some point when it's all clarified i hope tickets would go pretty quick. >> reporter: fineli says the sell out crowd is 45,000. about 20,000 tickets were sold in last night's play off game against the rangers. >>> we want to see your oakland a's fever captured in a photo. ivonne vasquez sent us this one. >>> voters started casting ballots for the president in ohio. >> mitt romney is in denver tonight preparing for tomorrow night's big debate. romney took a break today and went out to a chipotle restaurant. while he was there he took a picture. when asked if he was ready for the debate, romney said, getting there. and obama also visited the hoover dam just outside of las vegas. the president said one of his aides mentioned it was just 15 miles away so they decided to go. the president said it was the first time he had ever visited the hoover dam. o
steve faneli with the a's says he's not worried about what's left. >> well i think with all the uncertainty, you know when are we playing, what time are you playing, who are you playing it does not prize me that tickets are still available. but at some point when it's all clarified i hope tickets would go pretty quick. >> reporter: fineli says the sell out crowd is 45,000. about 20,000 tickets were sold in last night's play off game against the rangers. >>> we want to see...
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at the open system that microsoft propagated opting for a closed system to be controlled by one man, steve jobs. one look at the market capitalizations shows the wisdom of jobs' position. more important for this matter is the fact that microsoft's customers ended up in a business that reminds me of the uncoded free sheet paper business, the commodity where there can be no value added. yes, they, the customers, the dells and hewlett-packards, are the true losers of the bill gates movement. hewlett-packard isn't just personal computing but it's printing and consulting. i loathe the printers. as far as consulting goes, take a look how well their competitors are doing. the companies i work for, i pray they see the light and go apple. hewlett-packard is a huge company with quite a hold on the tech budgets of big corporations. but the company will eventually will ripped out of the enterprise. you can't have something that young people hate prevail forever. funny thing, younger people, they get older. and they take the reins from the relics who jammed dell and hewlett-packards down our throats. s
at the open system that microsoft propagated opting for a closed system to be controlled by one man, steve jobs. one look at the market capitalizations shows the wisdom of jobs' position. more important for this matter is the fact that microsoft's customers ended up in a business that reminds me of the uncoded free sheet paper business, the commodity where there can be no value added. yes, they, the customers, the dells and hewlett-packards, are the true losers of the bill gates movement....
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steve forbes follows up and says welch is right. does governor romney put any stock in those theories and have any suspicions at all about the bls numbers? >> george, the numbers themselves are very damning. when you look at it, we had fewer jobs created in september than were created in august, fewer jobs created in august than were created in july. our unemployment rate has come down because for -- since president obama took office for every new job created more than six workers have left the labor force. if labor force participation was what it was when the president took office, unemployment would be around 10.7%. these jobs that were added in september were largely part-time jobs. so we still have 23 million american, that number has not changed at all, would are either unemployed or out of work entirely or are underemployed working or out of the workforce entirely or underemployed working part time instead of full time or not in a job commensurate with their skills, half of the college students coming out of, you know, with de
steve forbes follows up and says welch is right. does governor romney put any stock in those theories and have any suspicions at all about the bls numbers? >> george, the numbers themselves are very damning. when you look at it, we had fewer jobs created in september than were created in august, fewer jobs created in august than were created in july. our unemployment rate has come down because for -- since president obama took office for every new job created more than six workers have...
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steve faneli with the a's says he's not worried about what's left. >> well i think with all the uncertainty, you know when are we playing, what time are you playing, who are you playing it does not prize me that tickets are still available. but at some point when it's all clarified i hope tickets would go pretty quick. >> reporter: fineli says the sell out crowd is 45,000. about 20,000 tickets were sold in last night's play off game against the rangers. >>> we want to see your oakland a's fever captured in a photo. ivonne vasquez sent us this one. >>> voters started casting ballots for the president in ohio. >> mitt romney is in denver tonight preparing for tomorrow night's big debate. romney took a break today and went out to a chipotle restaurant. while he was there he took a picture. when asked if he was ready for the debate, romney said, getting there. and obama also visited the hoover dam just outside of las vegas. the president said one of his aides mentioned it was just 15 miles away so they decided to go. the president said it was the first time he had ever visited the hoover dam. o
steve faneli with the a's says he's not worried about what's left. >> well i think with all the uncertainty, you know when are we playing, what time are you playing, who are you playing it does not prize me that tickets are still available. but at some point when it's all clarified i hope tickets would go pretty quick. >> reporter: fineli says the sell out crowd is 45,000. about 20,000 tickets were sold in last night's play off game against the rangers. >>> we want to see...
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one of the largest lenders on the hot seat. >>> and would steve jobs approve of the way ceo steve cook apologized for the so-called mapple gate? much more "squawk on the street." i'm bara ck o bama and i approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. when you take a closer look... ...at the
one of the largest lenders on the hot seat. >>> and would steve jobs approve of the way ceo steve cook apologized for the so-called mapple gate? much more "squawk on the street." i'm bara ck o bama and i approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers....
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was steve jobs right when he said a tablet that size would be too small? >> the editor in chief of mashable. we've got a debate mehere, guys. rocco, it sounds like you think although it would be following amazon, it would be easy for apple to come in with a superior product, is that where you're coming from? >> definitely. i think apple is the kind of company that they can come in and kill a category. and i think that's what they want to do here. and i'm happy to see them doing it with what is rumored to be a $350 tablet and not a $199, you know, let's try to undercut amazon or google products. so if they come in with something premium that keeps that apple brand and the status of that apple brand, at that price point, i think they'll blow the category out. and i don't think it would be something that would hurt the image or hurt the brand too much. it's not a cheap knockoff. it's going to be something of apple quality. and -- >> with that in mind, if that's what they're doing, i'm onboard. >> something that elevates the category, lance, why do you disagre
was steve jobs right when he said a tablet that size would be too small? >> the editor in chief of mashable. we've got a debate mehere, guys. rocco, it sounds like you think although it would be following amazon, it would be easy for apple to come in with a superior product, is that where you're coming from? >> definitely. i think apple is the kind of company that they can come in and kill a category. and i think that's what they want to do here. and i'm happy to see them doing it...
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when you think about apple post steve jobs and we saw what happened to apple post steve jobs in the '80s, can it keep up? >> absolutely. i think that he's put together a great team, leadership is very important within apple and steve took as much pride in leadership of apple as he did the product itself and he's crafted i think a great team to follow him. he can't be replaced. >> after he left in the '80s and you were there, apple faltered. it's easy to say. >> apple faltered because he had the wrong ceo and a guy who didn't understand the tech business but under current of apple when steve came back the reason they accelerated so successfully is in place was a great culture and great group of people who were still there. apple was in place, unfortunately they didn't have a right product division. >> do you have views on hewlett-packard? >> absolutely. greatest success of apple and part of my book is called the product vision. and hewlett-packard has totally lost its product vision. here they had the greatest printer in the world, they had the printer market, they don't do that anymor
when you think about apple post steve jobs and we saw what happened to apple post steve jobs in the '80s, can it keep up? >> absolutely. i think that he's put together a great team, leadership is very important within apple and steve took as much pride in leadership of apple as he did the product itself and he's crafted i think a great team to follow him. he can't be replaced. >> after he left in the '80s and you were there, apple faltered. it's easy to say. >> apple faltered...
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at the open system that microsoft propagated opting for a closed system to be controlled by one man, steve jobs. one look at the market capitalizations shows the wisdom of jobs' position. as apple is currently worth about 2.5 times what microsoft is worth. more important for this matter is the fact that microsoft's customers ended up in a business that reminds me of the uncoded free sheet paper business, the archetypal commodity where there can be no virtually no value added. yes, they, the customers, the dells and hewlett-packards, are the true losers of the bill gates experiment. hewlett-packard isn't just personal computing but it's printing and consulting. i loathe the printers. each machine has a different cartridge type i never remember the number when i get to the store. as far as consulting goes, take a look how well their competitors are doing. i pray that those companies that the companies i work for, one day, will see the wisdom and adopt apple so i can chuck these silly constantly freezing machines into the toxic waste pit that should be their -- that will put them elsewhere. h
at the open system that microsoft propagated opting for a closed system to be controlled by one man, steve jobs. one look at the market capitalizations shows the wisdom of jobs' position. as apple is currently worth about 2.5 times what microsoft is worth. more important for this matter is the fact that microsoft's customers ended up in a business that reminds me of the uncoded free sheet paper business, the archetypal commodity where there can be no virtually no value added. yes, they, the...
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steve jobs would fire tim cook. he would fire everyone involved in maps and he would berate them in front of everyone. he was not a nice man and yet everyone loved him anyway. >> lifelock posted a little below the range. maybe a little disappointment there. i might be able to see that. certainly one that we're going to watch, a big week for ipos, of course, one of the busiest. berry plastics tomorrow and pretty sizeable deals. >> and one of the things that we need to see is some pulse down here. there was a lot of social media, people got gaffed. any time you see new companies, you think, maybe i should stop shorting goldman sachs and maybe there is a sign of capital formation. p excellent show stopper yesterday. and mark cuban was so great and the destruction of the capital markets. cuban, cooperman, these guys are not idle thinkers. they are the best we have. and high frequency trading has destroyed a lot. >> and suggesting you tax intraday trades 50%, trades less than a minute, 100%, that would cut down on it in
steve jobs would fire tim cook. he would fire everyone involved in maps and he would berate them in front of everyone. he was not a nice man and yet everyone loved him anyway. >> lifelock posted a little below the range. maybe a little disappointment there. i might be able to see that. certainly one that we're going to watch, a big week for ipos, of course, one of the busiest. berry plastics tomorrow and pretty sizeable deals. >> and one of the things that we need to see is some...
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>> i do. >> steve see you back in a bit? >> we'll talk about draghi at 8:30 and jobless claims. >>> right now breaking news, julia boorstin has more on what's happening with facebook. >> that's right, the facebook announcing it has 1 billion monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm committed to working each day to make facebook better for you and hopefully one day we'll be able to connect the rest of the world." this is a major milestone for the company. facebook hit 500 million active users, doubling its size in two years. mark zuckerberg taped an interview with matt lauer airing exclusively on the "today" show shortly, that sitdown his first since the ipo coming up later this afternoon. >> yesterday afternoon i saw a headline, facebook is going to charge you $7 if you want to send posts, headlines to your friends. sounded crazy. >> facebook is testing all sorts of different ad models and facebook gives you the option of paying to promote your post to yo
>> i do. >> steve see you back in a bit? >> we'll talk about draghi at 8:30 and jobless claims. >>> right now breaking news, julia boorstin has more on what's happening with facebook. >> that's right, the facebook announcing it has 1 billion monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm committed to working each day to make facebook better for you and hopefully one day we'll be able to...
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here's steve hartman. >> that's history reporter: history it's actually history reporter: pumpkin history. for david in and pumpkin growers across the globe, this is the year they've all been waiting for, the year they would hopefully get to see a pumpkin that makes these look like pom granite seeds, that dwarfs even the 1500-pound giants you see at contests, a pumpkin so massive most growers thought the pound adjust wasn't possible >> it would basically implode. that the shell of the pumpkin the ribs inside wouldn't be strong enough to hold that weight >> reporter: like aerospace and the sound barrier, sports and its four-minute mile, the holy grail for giant pumpkin people has always been the one-ton pumpkin. for decades growers have been pursuing this in vein. >> 1500 pounds reporter: but a few months ago rumors started circulating that there were some giants growing in the backyard of this house in green rhode island even though the owner planted foliage to discourage looky-lous, people were trying to get a peak. the grower wanted to downplay expectations until at least one of them go
here's steve hartman. >> that's history reporter: history it's actually history reporter: pumpkin history. for david in and pumpkin growers across the globe, this is the year they've all been waiting for, the year they would hopefully get to see a pumpkin that makes these look like pom granite seeds, that dwarfs even the 1500-pound giants you see at contests, a pumpkin so massive most growers thought the pound adjust wasn't possible >> it would basically implode. that the shell of...
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. >> steve liesman is here. we were going to talk about the markets and we have rick santelli in chicago, both of them as well but steve, since you were talking during the break with ken langone. >> let steve talk to rick. >> hey, rick, how are you? >> good morning. >> so we talked. is that good? >> no. >> no, i just want to say, ken, if i look, guys could you put up the chart of the payrolls? if i look at the payroll chart and i talk about what i think is the number you guys actually believe, which is the 114,000. look at what happened, we've revised up the past couple months, we had that swoon in march, april, may and june, okay, the unemployment rate stayed about the same. look to the left, we had a couple months above 200,000. let's focus on the number you believe. and let's talk about what jack welch said. when i looked at what he said there was one number i think jack had wrong. jack was saying we need 150,000 to 200,000 jobs to lower the unemployment rate. that is, was old thinking. we've changed that num
. >> steve liesman is here. we were going to talk about the markets and we have rick santelli in chicago, both of them as well but steve, since you were talking during the break with ken langone. >> let steve talk to rick. >> hey, rick, how are you? >> good morning. >> so we talked. is that good? >> no. >> no, i just want to say, ken, if i look, guys could you put up the chart of the payrolls? if i look at the payroll chart and i talk about what i think...
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i look forward to hearing from steve. as we heard from jane wells california drivers are fuming after a spike in gas prices last week sent prices up past $5 a gallon. the governor now has called for the immediate release of a cheaper but less environmental friendly blend of gas to help bring prices down. david hackett is an energy consultant in irvine, california. he joins us from there. good to see you, david. good morning. is this the solution? >> this is a great step. going to the winter blend will allow the refiners reduce 10% of gasoline. that's like adding another refinery to the market. >> how much is this the structure of refining in that state. why is this happening? >> well, the evidence points towards refining problems. a fire at the chevron richmond refinery in august. power bumped knocked exxonmobil off line last monday. two of the big reasons. and then, of course, this is a difficult market to resupply from long distance. we're sort of an island. when there's a sudden supply short fall it's tough to get addi
i look forward to hearing from steve. as we heard from jane wells california drivers are fuming after a spike in gas prices last week sent prices up past $5 a gallon. the governor now has called for the immediate release of a cheaper but less environmental friendly blend of gas to help bring prices down. david hackett is an energy consultant in irvine, california. he joins us from there. good to see you, david. good morning. is this the solution? >> this is a great step. going to the...
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but steve is right, we know the demographic trends. can influence the decision about how much longer to stay in the labor force or when to enter it. we know some are leaving permanently because of the economy, some young people are continuing in school because of the economy. those things could turn around. >> we've got to go. but, steve, i was 45, i'm only 55, 20 years later. i froze. jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] [ male announcer ] get more access with the citi card. those little things for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps
but steve is right, we know the demographic trends. can influence the decision about how much longer to stay in the labor force or when to enter it. we know some are leaving permanently because of the economy, some young people are continuing in school because of the economy. those things could turn around. >> we've got to go. but, steve, i was 45, i'm only 55, 20 years later. i froze. jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not...
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microsoft ceo steve ballmer has signalled a new direction. he's pointing to hardware and online services as its future, taking a page from longtime rival apple. he suggests microsoft may eventually build its new phones. >> that's a big shift. >> it's a huge shift for them to get into real hardware. they did make one of the -- i don't know if it was the surface or -- one of the prototypes for their tablet is manufactured by them. and it may be ultimately that you need to actually do the software. >> the software gets stolen by china and all these other places. they don't pay for it. so i guess you eventually want to shift to where -- >> i think that's part of it. but i think part of sit the seamless nature of what you're seeing by apple, and on some level by google, now that google owns motorola. i don't know if you saw this as well on ballmer. his income was published and he took a slight pay cut. he went from -- >> he's worth a billion dollars. >> but he was paid $1.4 million last year, or two years ago and went down to $1.3. >> that's a job
microsoft ceo steve ballmer has signalled a new direction. he's pointing to hardware and online services as its future, taking a page from longtime rival apple. he suggests microsoft may eventually build its new phones. >> that's a big shift. >> it's a huge shift for them to get into real hardware. they did make one of the -- i don't know if it was the surface or -- one of the prototypes for their tablet is manufactured by them. and it may be ultimately that you need to actually do...
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zells said is similar to what steve jobs said before passing away. this is a country where it is just too hard to do business in. >> yeah. i was going to say, you're not much of a golfer guy but a tennis guy, right? >> ryder was just a collapse. >> yeah. we let pollster on -- for me it was going to a shrink or something. it was come peopling but my heart was racing, i had butterflies in my stomach and didn't think it could happen. when it did, i felt hollow after it. >> i had a bunch of guys going to the eagles/giants game. you would have thought either of the games would have been talked about. the ryder cup is all i heard about. people felt bad for america. it was a patriotic thing. >> for one eagle moment, i just thought, i don't know, ma lays, i thought, we can't do this right. >> if they come in with cardigan sweaters the next time we see the golfers with the cardigan and have to start talking about turning down the thermostat, it is pool game over. >> all right. jim, thank you. we'll see you in a few minutes. >>> all right. we'll see jim in a f
zells said is similar to what steve jobs said before passing away. this is a country where it is just too hard to do business in. >> yeah. i was going to say, you're not much of a golfer guy but a tennis guy, right? >> ryder was just a collapse. >> yeah. we let pollster on -- for me it was going to a shrink or something. it was come peopling but my heart was racing, i had butterflies in my stomach and didn't think it could happen. when it did, i felt hollow after it. >>...
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now it is from netflix a steve miller market. some people call me maurice, but this downgrade by bank of america -- >> i was doing the sound effects for maurice. >> i like that curious chainsaw you were doing. >> whatever i can do here. >> my wingman. >> your solid gold dancer. let's move on here to talk europe. german chancellor angela merkle visiting greece today for the first time since the european crisis began. she's meeting with greek prime minister this morning as protesters blame merkle for forcing painful cuts on greece in exchange for bailouts. meantime the imf is cutting the global forecast to 3.3% down from 3.5% and urging u.s. and european policymakers to deal with their fiscal issues or face a prolonged downturn. the imf is forecasting a contraction that underscores what we do already know and should be expecting out of the region. >> we are taking back one of the two rate hikes they had. there's not a single policy going on here. look what ireland was doing cramming down their banks. but if you can see, david, is t
now it is from netflix a steve miller market. some people call me maurice, but this downgrade by bank of america -- >> i was doing the sound effects for maurice. >> i like that curious chainsaw you were doing. >> whatever i can do here. >> my wingman. >> your solid gold dancer. let's move on here to talk europe. german chancellor angela merkle visiting greece today for the first time since the european crisis began. she's meeting with greek prime minister this...